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SolutionsHub Champions Innovation as Proud Sponsor of FinTech Challenge Finale

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SolutionsHub Champions Innovation as Proud Sponsor of FinTech Challenge Finale
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SolutionsHub is thrilled to announce its sponsorship of the Isle of Man FinTech Innovation Challenge Finale. The event, hosted by Digital Isle of Man, is set to take place on Thursday, June 29, 2023, at the Comis Hotel & Golf Resort, Mount Murray.

The FinTech Innovation Challenge is a global competition that invites participants to provide cutting-edge technology-based solutions to a range of challenges. Finalists are rewarded with the opportunity to work closely with the Government and regulatory bodies, while utilising the Isle of Man’s optimal demographic as a testbed for new technologies.

The Challenge extends beyond an ordinary competition; it facilitates a unique opportunity for its finalists to work in close alignment with Government and regulatory authorities, while harnessing the Isle of Man’s favourable demographic as an incubator for pioneering technologies.

As a show of the Challenge’s ripple effect in the industry, Crucial Compliance, a Finalist, has decided to establish a presence on the Isle of Man. The company, a front-runner in delivering comprehensive compliance services and implementing safer gambling strategies, views its expansion as a commitment to the growing and diverse needs of Anti-Money Laundering (AML) and responsible gambling. This development underscores the Challenge’s role as a catalyst for growth and strategic expansion, further solidifying the Isle of Man’s position as a supportive hub for FinTech innovation.

“Our sponsorship serves as a clear testament to our unwavering commitment to bolstering innovation and propelling the growth of FinTech on the Isle of Man,” said Lee Hills, CEO of SolutionsHub. He further emphasized the Challenge’s pivotal role, stating, “This competition plays an instrumental role in assembling some of the brightest minds from across the globe, enabling them to confront pressing industry issues head-on. It’s not merely about problem-solving but also about contributing to the development of a thriving and sustainable future for all stakeholders.”

“The Isle of Man’s optimal demographics and conducive business environment offer a unique setting for testing and launching tech-centric solutions. By backing the FinTech Innovation Challenge, SolutionsHub is championing the evolution of a robust ecosystem that spurs the growth of FinTech. It’s an ecosystem where entrepreneurs, regulators, and stakeholders converge, collaborating to shape the future of FinTech.”

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NuxGame bolsters security capabilities with Jumio integration

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NuxGame bolsters security capabilities with Jumio integration
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NuxGame, the experienced betting and iGaming software provider, has enhanced its online casino platform through its latest strategic partnership with digital identity verification technology leader, Jumio.

The collaboration sees NuxGame’s platform benefit from Jumio’s AI-powered Know Your Customer (KYC) and Anti Money Laundering (AML) verification checks, ensuring compliance with global regulatory standards.

Exemplifying the provider’s commitment to elevating risk management, Jumio’s sophisticated  AI-driven KYC and AML technologies empower its partners with tools to adeptly manage risks and adhere to evolving compliance requirements. This forward-thinking approach is pivotal for casino operators looking to offer a responsible and seamless gaming experience.

In addition to enhanced security measures, NuxGame has also recently broadened its payment capabilities, adding leading global payment processors and empowering players to purchase cryptocurrency directly on the platform.

The latest partnership for NuxGame follows its recent GLI-19 Certification, accredited in recognition of the platform’s adherence to the highest technical standards and further demonstrating its commitment to responsible gambling.

Denis Kosinsky, Chief Operating Officer at NuxGame, said: “Jumio provides pioneering identity verification technology and we are confident our customers will find value in the software that is now integrated into our platform, allowing them to reinforce their position as a trustworthy and reliable gaming destination.

“With the ever-changing regulatory landscape, we want our clients to have comfort in the knowledge that our platform provides the necessary tools for them to operate safely and securely, making Jumio an ideal partner for NuxGame.”

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Apparat Gaming unleash a howling Hold & Spin adventure in 5 Moon Wolf

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Apparat Gaming unleash a howling Hold & Spin adventure in 5 Moon Wolf
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This month, Apparat Gaming – the software developer famed for delivering quality iGaming titles with a German accent – is inviting players to embrace the call of the wild and join the pack for a howlingly good time in the brand-new release, 5 Moon Wolf Hold & Spin.

Offering medium volatility and max wins of 2,500x, 5 Moon Wolf Hold & Spin is a five-reel slot with 20 fixed paylines. Set in the imposing canyons of the American west, the game boasts a range of majestic predators on its reels, with eagles, bears, mountain lions and wolves all appearing as high-value icons.

The real “bite” of the game, however, comes in the form of its two distinct bonus features, which can be activated by hunting down three scatters or five full moons respectively. The first is a free spins round, while the second is Apparat’s popular Hold & Spin game, which is linked to four local jackpots.

Dealing with the two features in order, once three scatters have been hit, night will fall on the reels as at least eight free games are awarded. During these free spins, not only will all low value symbols be removed from the reels, but players can also extend the feature by landing further scatters or trigger an even more lucrative version of the Hold & Spin bonus in which the prizes for full moons are doubled.

The Hold & Spin feature, which is triggered by five or more full moons, begins with a pack of wolves chasing across the screen while a series of free respins are played as long as at least one new moon appears within the next three respins. This allows players to collect moons to win instant cash prizes as well as the Mini, Minor and Major local jackpots, with an additional Grand Bonus being awarded should they successfully fill all 15 reel spaces before the respins come to an end.

Of course, for players who are champing at the bit to enter the Hold & Spin bonus without triggering it manually, an optional Buy Feature is also available. With this granting them immediate access to the bonus for an additional stake, they can therefore bypass the luck factor and dive directly into the feature, where they’ll be able to sink their teeth into lunar-powered wins without needing to wait.

Martin Frindt, Co-Founder & Chief Product Officer at Apparat Gaming, said: “With Apparat’s signature Hold & Win feature already proving a howling success with players, we thought it was high time we gave the popular bonus another run out in our action-packed slot adventure, 5 Moon Wolf.

“Linked to four lucrative local jackpots, this exciting extra gives our new lupine-themed game plenty of bite – and when coupled with a free spins feature that uses only the slot’s higher-value symbols, we’re sure players are going to love taking a walk on the wild side now that 5 Moon Wolf Hold & Win is out.”

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Catena Media’s CEO Michael Daly steps down

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Catena Media plc announced that Michael Daly will step down as CEO, following careful consideration and consultation with the board.

Michael Daly’s resignation takes immediate effect and Pierre Cadena VP Corporate Strategy, will assume the role of interim CEO. Michael Daly will remain available to Catena Media during a transition period. Catena Media intends to start the recruitment process for a new CEO immediately.

Göran Blomberg, Chairman of the Board of Directors, said: Under Michael Daly’s leadership, Catena Media has become an active player in North America and with the actions taken during the strategic review, we have significantly reduced our debt and streamlined the organisation. With the company facing lower growth, we have started to implement a number of growth initiatives. As we embark on this crucial stage, we are seeking new leadership to drive these initiatives and move Catena Media into its next chapter.

Michael Daly has been with the company since 2018 and assumed the role as Catena Media’s CEO in March 2021.

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